tomo logo

$1,579,000

Beds
3
Baths
2.5
sq ft
2,695

523 South West Street Unit 502, Raleigh, NC 27601

523 South West Street Unit 502

Raleigh, NC 27601

  • 244 days on market
    • Price drop $11,000↓
WANT TO LIVE THE LUXURY URBAN LIFESTYLE IN THE HEART OF DOWNTOWN'S WAREHOUSE DISTRICT? THEN WELCOME TO THE FAIRWEATHER: This modern, expansive and open Penthouse unit has lots of usable living spaces that include a sleek kitchen with 6 burner gas range, quartz countertops, large island/bar with waterfall counters, microwave drawer, and walk-in pantry. The open living room has a wet bar, sitting room, and office nook. Two wall doors fold open and back to offer fresh air to the unit. Primary suite contains a walk-in space left blank so you can design the closet of your dreams. Floating double vanity and spacious walk-in shower complete the suite. Two guest bedrooms, one with a covered balcony. Remote controlled shades throughout. The Fairweather offers many unique amenities that include a package delivery concierge system, bike station, dog washing room, gym, and a rooftop lounge with a firepit/gas grill. This unit comes with TWO deeded/assigned parking spaces and TWO storage units in the covered garage. Come and live steps away from Red Hat Ampitheater, Sam Jones BBQ, and all that Downtown Raleigh has to offer!

Details

Property type

Condominium

Est. home value

$1,717,612

Lot size

Unknown

Price per sq ft

$586

Year built

2020

Annual property taxes

$13,973

Monthly HOA fee

$934.33

Price History

12/21/2023
TriangleMLS

TriangleMLS #2540550

Sold
$595,000
-61.86%
12/20/2021
TriangleMLS

TriangleMLS #2193465

Sold
$1,560,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

December 2021

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

New Conventional, 30 year

Seller

Robert Ferriol

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/05/2024 at 1:50 AM

Listing updated: 06/29/2024 at 1:43 PM

Listed by: Bradley J Murray, Murray Real Estate Group, LLC Phone #: (919) 649-6393

MLS: TriangleMLS #2540550

TriangleMLS logo

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